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Posted Tue, 06 Aug 2024 12:41:06 GMT by Bertram
I have a buy to let flat that I have rented out for several years that needed updating and improving. The property was off the market for a several months between starting the restoration, finishing it and welcoming the new tenant. Am I able to claim expenses for the financing cost (interest only I know), service charge, council tax and standing charges during the down period? Thanks so much for your help.
Posted Thu, 08 Aug 2024 16:11:56 GMT by HMRC Admin 25 Response
Hi Bertram,
As there was still the intention to rent the property out, but the maintenance and repairs, prevented this, you can claim those costs, such as service charges, council tax etc.
Please see this links to help further:
Work out your rental income when you let property
Examples of how to work out Income Tax when you rent out a property
Thank you, 
Posted Fri, 09 Aug 2024 14:14:28 GMT by Bertram
Thanks so much for your help.

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